Bitcoin ETF losses hit $7B as price risks $65K, MSTR cushioned

Bitcoin reportedly pushed US spot ETF holders into $7 billion in paper losses after sliding below $80,000. Bitcoin USD briefly traded near $74,600 before bouncing toward $77,000, shaking investors who bought near the top. This drop occurred during a broader risk-off move, when stocks and crypto sold off together. The pressure matters because ETFs now hold a large slice of Bitcoin supply. When these funds see red, their selling rules can turn a normal dip into a deeper slide. That’s why analysts warn Bit ...